2011 Louisiana Laws
Revised Statutes
TITLE 29 — Military, naval, and veteran's affairs
RS 29:731.1 — State disaster or emergency relief fund

§731.1. State Disaster or Emergency Relief Fund

A. There is hereby established in the state treasury the "State Disaster or Emergency Relief Fund", hereinafter referred to in this Section as the "fund". The fund shall be administered by the Governor's Office of Homeland Security and Emergency Preparedness.

B. The sources of monies deposited in the fund shall be funds from specific legislative appropriations and from donations, gifts, grants, and matching or other funds provided by regional or local governments. After compliance with the requirements of Article VII, Section 9(B) of the Constitution of Louisiana, relative to the Bond Security and Redemption Fund, and prior to monies being placed in the state general fund, an amount equal to that deposited as provided in this Subsection and monies appropriated by the legislature shall be credited to the fund. The monies in this fund shall be used solely as provided in Subsection C of this Section and only in the amounts appropriated annually by the legislature. All unexpended and unencumbered monies in this fund at the end of the fiscal year shall remain in the fund. The monies in this fund shall be invested by the state treasurer in the same manner as monies in the state general fund, and interest earned on the investment of these monies shall be credited to this fund, again following compliance with the requirements of Article VII, Section 9(B), relative to the Bond Security and Redemption Fund.

C. Monies in the fund shall be used for declared disasters or emergencies or both including use as state match requirements for the payment of claims submitted and approved by the Federal Emergency Management Agency.

Acts 2003, No. 560, §1, eff. June 27, 2003; Acts 2003, No. 1195, §3, eff. July 3, 2003; Acts 2006, 1st Ex. Sess., No. 35, §1, eff. March 1, 2006; Acts 2006, No. 442, §3, eff. June 15, 2006.